As the Government announces the Stamp Duty Land Tax Holiday, raising the threshold to £500,000 with immediate effect, the chance for buyers to purchase property exempt of tax is a valuable opportunity. With the initiative in place until 31st March 2021 this is great news for those who were already looking to buy or thinking about their next move.
Read our blog that explains the new temporary reduced rates here.
With this in mind, we explore properties on the market for under £500,000.
1. Taunton, Somerset, 2 Bedrooms
This beautifully presented retirement home is situated just off the town centre in a development set behind remote gates and coded access, surrounded by beautiful community gardens and paved driveways. The accommodation comprises of an entrance hall leading to an open-plan ground floor living space with French doors that open onto the garden.
2. Shadoxhurst, Kent, 3 Bedrooms
This substantial, newly built home is the last remaining in a development of new homes built by renowned builder, Pentland Homes. This contemporary home is perfectly situated for those who enjoy rural living, while meeting the ever-changing demands of modern living with a high specification finish.
3. Betley, Staffordshire, 3 Bedrooms
Developed over time by the current homeowners, this delightful property offers spacious living space, with an entrance porch, impressive dining hall, a well-appointed kitchen with utility room, a side porch, a generous sitting room with log burner and a lovely garden room. The property is set in extensive gardens with uninterrupted views over the rolling hills of the Cheshire and Staffordshire countryside.
4. Bradninch, Exeter, 4 Bedrooms
This modern, detached cottage-style home enjoys an edge of village setting with delightful views across the Culm Valley. The country home features established gardens with breath-taking views and an adjoining paddock, all in three acres.
5. Wheatley, Oxfordshire, 5 Bedrooms
This well-proportioned, detached family home is set over three floors, with spanning country views from the top floor and extensive gardens surrounding the property. Residents will have the best of both worlds in this country home, with it being ideally situated on the edge of the village at the foot of Shotover Country Park, with only a short bus to London or Oxford.
6. Surbiton, London, 3 Bedrooms
This charming two-bedroom ground floor apartment is perfectly situated only half a mile from Surbiton Mainline Station and the high street. Throughout the spacious rooms are character features including high ceilings, a fireplace and sash windows, accompanied by modern touches, such as the fitted kitchen.
7. Loose, Maidstone, 3 Bedrooms
Florence Cottage is a Grade II listed home situated in the heart of the village of Loose, close by to the mill pond and trout river. This charming home dates back to 1450 and features natural stone flooring throughout the ground floor, complimented by exposed wooden beams and an Inglenook fireplace.
8. Hankelow, Cheshire, 4 Bedrooms
This new-build property is only two years old, offering bright and airy open-plan living space on the ground floor, with French doors that open onto the garden. This family home is presented in a small and friendly cul de sac with a generous driveway to the front and plenty of off-road parking.
9. Ruan Minor, Helston, 7 Bedrooms
This detached, spacious home offers exciting income potential, with two self-contained properties that are currently successful holiday lets, or an opportunity to convert the properties into one larger home. This seaside home is set in the heart of a popular rural village with all the amenities and has access to a picturesque cove, which is only a short walk away.
10. Diss, Norfolk, 4 Bedrooms
This Grade II Listed detached home has been completely refurbished to an exceptionally high standard and is ideally situated in the town centre, with access to a main railway line to London (Liverpool Street). The Victorian period home boasts character features, including a Victorian mosaic tiled floor in the entrance hall, three attractive fireplaces and exposed timber beams.
Use our Stamp Duty Calculator to work out how much you will have to pay for the property you buy.
Find out more about the recent temporary changes to Stamp Duty Land Tax.
Looking to find a new home under the SDLT threshold? Contact your local Guild agent to find your new home today.